NEW FOR 2017: CHILDREN’S ART AND FITNESS TAX CREDIT
April 16th, 2018

The federal children’s art tax credit and children’s fitness tax credit have been eliminated as of January 1, 2017. No federal tax credit is available in 2017.

The BC provincial child arts credit and child fitness credit have been eliminated for 2018 but remain available for the 2017 tax year. A provincial non-refundable tax credit will be available for eligible amounts paid in 2017 up to a maximum of $500 per child which equates to a maximum $25 tax credit.

Posted in Tax Tips for 2017 Tax Year

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